The crypto prices today sustained their bullish trajectory, witnessing significant gains in major assets. Meanwhile, as investors embrace riskier assets amid recent positive momentum, fueled by the Bitcoin Spot ETF buzz and dovish central bank comments, it propelled cryptocurrencies to record highs.
Notably, Bitcoin and Ethereum lead the charge, reaching peaks not seen in over a year. However, amid this rally, caution prevails as the fear and greed index signals heightened greed in the market. As of writing, the crypto market fear and greed index was at 82, suggesting an “extreme greed” scenario in the market.
Talking about the individual crypto prices, Bitcoin crossed the $43,000 mark on Wednesday, nearing $44,000, suggesting a strong market sentiment. As of writing, the Bitcoin price was up 4.56% over the last 24 hours and traded at $43,680.78, while its trading volume over the last 24 hours stayed near the flatline at $37.60 billion.
Simultaneously, the Ethereum price noted gains of 2.09% from yesterday and traded at $2,274.06, with its trading volume soaring 5.59% to $16.24 billion. In addition, the XRP price added 0.55% to $0.622, while its trading volume fell 22.88% over the last 24 hours to $1.49 billion.
On the other hand, the Solana price added 6.64% to $64.41, and its trading volume rose 2.24% to $2.21 billion. Additionally, the Cardano price has also advanced 4.70% from yesterday to trade at $0.4232, while its trading volume over the last 24 hours rose 1.07% to $532.09 million.
The positive sentiment, witnessed in the broader crypto market, has also fuelled gains in the meme coins segment on December 6. As of writing, the Dogecoin price rose 7.52% to $0.09654, and its trading volume fell 13% to $1.17 billion. On the other hand, the Shiba Inu price rose 4.83% to $0.000009514, and its volume plunged 1.5% to $459.8 million from yesterday.
The recent upswing in crypto prices has triggered a broader market rally, elevating the global crypto market cap by 3.67% to $1.6 trillion. However, despite the positive momentum, investors are advised to exercise caution, considering the extreme greed sentiment in the market. As the crypto market continues to evolve, staying vigilant amid market dynamics is crucial for investors.
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The Top 4 Cryptos For Today Are
Pepe (PEPE) Soars 11%
The Pepe coin has been on the rise this week, suggesting a heightened interest from investors this December. Meanwhile, as of writing on Wednesday, the Pepe Coin price surged 11.25% and traded at $0.000001596 during writing, while its trading volume over the last 24 hours fell 1.67% to $482.67 million. Notably, the crypto has added over 46% over the last seven days.
Helium (HNT) Rallies 70%
Helium was the top mover in the crypto market on December 6. The Helium price noted gains of 70.40% on December 6 and traded at $4.82 during writing, while its trading volume from yesterday skyrocketed 413.18% to $16.93 million. Meanwhile, the recent rally has contributed to a 146% gain in its 30-day price.
Celestia (TIA) Adds 27%
The Celestia crypto has gained notable traction over the past few days, as evidenced by the rally in the crypto’s price. On Wednesday, the Celestia crypto added 27.48% and traded at $10.98, while its volume over the last 24 hours rose 22% to $545.58 million. Notably, the TIA price rocketed 376% over the past 30 days.
ORDI (ORDI) Surges 20%
The ORDI crypto was another top mover in the digital asset space on December 6, indicating increased market interest. Meanwhile, the ORDI price asserts its prominence with a remarkable 20.6% surge, trading at $60.42. The crypto has witnessed a 1.09% increase in its trading volume, reaching $1.17 billion.
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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